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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001144204-06-018442.txt : 20060504
<SEC-HEADER>0001144204-06-018442.hdr.sgml : 20060504
<ACCEPTANCE-DATETIME>20060504151302
ACCESSION NUMBER:		0001144204-06-018442
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20060501
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20060504
DATE AS OF CHANGE:		20060504

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CLARUS CORP
		CENTRAL INDEX KEY:			0000913277
		STANDARD INDUSTRIAL CLASSIFICATION:	BLANK CHECKS [6770]
		IRS NUMBER:				581972600
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24277
		FILM NUMBER:		06807935

	BUSINESS ADDRESS:	
		STREET 1:		3970 JOHNS CREEK CT
		STREET 2:		STE 100
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024
		BUSINESS PHONE:		7702913900

	MAIL ADDRESS:	
		STREET 1:		3970 JOHNS CREEK CT
		STREET 2:		STE 100
		CITY:			SUWANEE
		STATE:			GA
		ZIP:			30024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SQL FINANCIALS INTERNATIONAL INC /DE/
		DATE OF NAME CHANGE:	19980911
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>v042088.txt
<TEXT>
                                  United States
                       Securities and Exchange Commission

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

          Date of Report (Date of earliest event reported): May 1, 2006
                                                            ------------

                               Clarus Corporation
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

<TABLE>
<CAPTION>
<S>                                                     <C>                                  <C>
               Delaware                                 0-24277                              58-1972600
    -------------------------------            ------------------------           ---------------------------------
    (State or other jurisdiction of            (Commission File Number)           (IRS Employer Identification No.)
            incorporation)
</TABLE>

One Landmark Square, 22nd Floor, Stamford Connecticut                      6901
- --------------------------------------------------------------------------------
         (Address of principal executive offices)                     (Zip Code)

Registrant's telephone number, including area code: (203) 428-2000
                                                    --------------

                                       N/A
         --------------------------------------------------------------
         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:


|_|   Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)

|_|   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)

|_|   Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))

|_|   Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))

<PAGE>

Item 1.01         Entry into a Material Definitive Agreement.

      May 1, 2006, the registrant entered into an extension of its Employment
Agreement, dated as of December 6, 2002, with its Executive Chairman of the
Board of Directors, Mr. Warren B. Kanders, by which the Employment Agreement was
extended for an indefinite term, terminable immediately upon written notice at
the election of the registrant or Mr. Kanders. The Employment Agreement
otherwise remains in full force and effect.

      On May 1, 2006, the registrant entered into an extension of its Employment
Agreement, dated as of December 6, 2002, with its Chief Administrative Officer,
Mr. Nigel P. Ekern, by which the Employment Agreement was extended for an
indefinite term, terminable immediately upon written notice at the election of
the registrant or Mr. Ekern. The Employment Agreement otherwise remains in full
force and effect.


Item 9.01         Financial Statements and Exhibits.

      (c) Exhibits.

      10.1  Extension Agreement dated May 1, 2006, of Employment Agreement
            between the registrant and Nigel P. Ekern.

      10.2  Extension Agreement dated May 1, 2006, of Employment Agreement
            between the registrant and Warren B. Kanders.

                                   Signatures

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.

Dated:  May 1, 2006                     Clarus Corporation


                                        By:  /s/ Nigel P. Ekern
                                             ---------------------------------
                                                 Nigel P. Ekern,
                                                 Chief Administrative Officer

<PAGE>

                                  Exhibit Index

      10.1  Extension Agreement dated May 1, 2006, of Employment Agreement
            between the registrant and Nigel P. Ekern.

      10.2  Extension Agreement dated May 1, 2006, of Employment Agreement
            between the registrant and Warren B. Kanders.
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>v042088_ex10-1.txt
<TEXT>
                               CLARUS CORPORATION
                        ONE LANDMARK SQUARE - 22ND FLOOR
                           STAMFORD, CONNECTICUT 06901

                                                              May 1, 2006


Mr. Nigel P. Ekern
741 Hollow Tree Ridge Road
Darien, CT 06820

                           Re:      Employment Agreement


Dear Mr. Ekern:

         Reference is made to the Employment Agreement dated as of December 6,
2002, effective as of November 25, 2002, between you and Clarus Corporation (the
"Original Agreement"). Capitalized terms used but not otherwise defined herein
shall have the meanings set forth in the Original Agreement.

         The Original Agreement is hereby amended, effective as of January 1,
2006, as follows:

         1. The Term of the Original Agreement is hereby extended and shall
continue (i) subject to termination without cause at any time by the Company or
the Employee, immediately upon written notice to the other party, or (ii) until
otherwise terminated pursuant to Section 10 of the Original Agreement.

         2. The Company shall continue the term life insurance required by
Section 4(b) of the Original Agreement until the termination of employment.

         3. Section 6(b) of the Original Agreement is amended by deleting from
the first sentence thereof the words "until the third anniversary of the
Effective Date" and replacing such words with these words: "until the
termination of employment".

         4. Section 12(F) of the Original Agreement is hereby amended to provide
that the address of the Company is as set forth at the top of this letter.

         5. The Company's obligation to make any payments pursuant to Section
10(d) of the Original Agreement, in the event of the termination by the Company
of the Employee's employment without cause, shall be subject to the Employee's
making himself reasonably available to and cooperating with the Company during
any such payment period to assist with transition issues or in defending any
claims asserted against the Company with respect to which the Employee has
material knowledge or information. The Company shall cover reasonable
out-of-pocket expenses incurred by the Employee pursuant to this paragraph in
accordance with its customary reimbursement policies and practices.

         6. For avoidance of doubt: The provisions of Sections 7
(Confidentiality), 8 (Non-Competition) and 9 (Remedies) shall survive the end of
the Term and remain in full force and effect as provided in the Original
Agreement, it being understood that the phrase "termination of this Agreement"
or any similar phrase used in the aforesaid sections of the Original Agreement
shall mean (i) the date of termination pursuant to paragraph 1 hereof or (ii)
any termination date pursuant to termination in accordance with the provisions
of Sections 10(a) through 10(f) of the Original Agreement.

         7. The Original Agreement shall continue in full force and effect,
except as amended herein.
<PAGE>

         Kindly sign where indicated below to confirm your agreement with the
forgoing and return the signed copy of this letter to me.

                                          Very truly yours,
                                          Clarus Corporation


                                          By: _______________________________
                                                   Warren B. Kanders,
                                                   Executive Chairman


Confirmed and Agreed:


- -------------------------------
         Nigel P. Ekern
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>v042088_ex10-2.txt
<TEXT>
                               CLARUS CORPORATION
                        ONE LANDMARK SQUARE - 22ND FLOOR
                           STAMFORD, CONNECTICUT 06901

                                                              May 1, 2006


Mr. Warren B. Kanders
c/o Kander & Company, Inc.
One Landmark Square, 22nd Floor
Stamford, Connecticut 06901

                           Re:      Employment Agreement


Dear Mr. Kanders:

         Reference is made to the Employment Agreement dated as of December 6,
2002, between you and Clarus Corporation (the "Original Agreement"). Capitalized
terms used but not otherwise defined herein shall have the meanings set forth in
the Original Agreement.

         The Original Agreement is hereby amended, effective as of December 6,
2005, as follows:

         1. The Term of the Original Agreement is hereby extended and shall
continue (i) subject to termination without cause at any time by the Company or
the Employee, immediately upon written notice to the other party, or (ii) until
otherwise terminated pursuant to Section 10 of the Original Agreement.

         2. The Company shall continue the term life insurance required by
Section 4(b) of the Original Agreement until the termination of employment.

         3. Section 12(f) of the Original Agreement is hereby amended to provide
that the address of the Company is as set forth at the top of this letter.

         4. The Company's obligation to make any payments pursuant to Section
10(d) of the Original Agreement, in the event of the termination by the Company
of the Employee's employment without cause, shall be subject to the Employee's
making himself reasonably available to and cooperating with the Company during
any such payment period to assist with transition issues or in defending any
claims asserted against the Company with respect to which the Employee has
material knowledge or information. The Company shall cover reasonable
out-of-pocket expenses incurred by the Employee pursuant to this paragraph in
accordance with its customary reimbursement policies and practices.

         5. For avoidance of doubt: The provisions of Sections 7
(Confidentiality), 8 (Non-Competition) and 9 (Remedies) shall survive the end of
the Term and remain in full force and effect as provided in the Original
Agreement, it being understood that the phrase "termination of this Agreement"
or any similar phrase used in the aforesaid sections of the Original Agreement
shall mean (i) the date of termination pursuant to paragraph 1 hereof or (ii)
any termination date pursuant to termination in accordance with the provisions
of Sections 10(a) through 10(f) of the Original Agreement.

         6. The Original Agreement shall continue in full force and effect,
except as amended herein.
<PAGE>

         Kindly sign where indicated below to confirm your agreement with the
forgoing and return the signed copy of this letter to me.

                                          Very truly yours,
                                          Clarus Corporation


                                          By: _______________________________
                                                   Nigel P. Ekern,
                                                   Chief Administrative Officer


Confirmed and Agreed:


- -------------------------------
         Warren B. Kanders
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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